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Banking Act

Government nominee not available on Loan Sanction Committees of banks: Sources

Government nominee not available on Loan Sanction Committees of banks: Sources

Wed, Apr 18, 2018

According to the sources, under the Banking Act, the banks are not obliged to report loans that have been sanctioned. Section 45 of the Act allows banks to keep the information confidential.

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President Mukherjee likely to promulgate banking ordinance today

President Mukherjee likely to promulgate banking ordinance today

Fri, May 05, 2017

The Cabinet's decision got a thumbs-up from the market as Bank Nifty rallied 1.85 per cent to close at 22,720.10.

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